101
Argentines are recruiting friends, strangers into Worldcoin’s cash-for-eyeballs scheme
(restofworld.org)
this post was submitted on 01 May 2024
101 points (91.7% liked)
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I agree with you that crypto is a hotbed for scams, schemes, and thieves. But let's be fair, our parents, our grandparents, all the people over the course of human history, they weren't prosperous because they knew what they were doing. Human history is a timeline of massive fuckups and exploitation. Just because "we've always done it" and "it's worked so far" does not mean it's a good idea.
Youre completely right! Yet crypto really doesn't seem like the right answer here either. Using more energy than several nations for an unstable currency is just not something thats gonna take off. Even if we had unlimited energy, crypto will continue to require more and more making it entirely infeasible.
Totally agree with you. Didn’t mean for an appeal to tradition, or a “we’ve always done it” type of reasoning.
While history sure as shit isn’t pretty, there is some measure of stability and institutional knowledge that we have developed and shouldn’t be written off.
Kinda like that quote from the economist that goes something like “we’re not on the gold standard because it’s some new wild idea, we’re not on the gold standard because of everything we know across history about the gold standard.”